What is the best processor to accept CC payments AND disburse funds?

Discussion in 'Payment Processing' started by Hanse063, Apr 18, 2013.

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  1. #1
    I need a processor that has the ability to accept credit card payments AND also have the API to send funds to 100's of people.

    I am accepting funds from customers for a service, holding the funds until the service is completed and the disbursing the funds via the processors account.

    I tried wepay and payza and they do not support the API to do it.

    Ideas?
     
    Hanse063, Apr 18, 2013 IP
  2. neil_buzzerchat_staff

    neil_buzzerchat_staff Banned

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    #2
    avangate or paypal or maybe entropay
     
    neil_buzzerchat_staff, Apr 19, 2013 IP
  3. iwebsocial

    iwebsocial Well-Known Member

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    #3
    You Can go for PayPal, They are also provide you the API Details to accept Credit or debit Card payments.
     
    iwebsocial, Apr 20, 2013 IP
  4. Hanse063

    Hanse063 Peon

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    #4
    I looked intopaypal and they charge 2.9% plus $.30 on the credit card acceptance. Plus I get charged 2% on the distribution end when I send payment. 5% for credit card acceoptance and payment disbursement seems a little high for me. Any other options?
     
    Hanse063, Apr 20, 2013 IP
  5. rostiqueOW

    rostiqueOW Greenhorn

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    #5
    Try working with National Processing. I've tried a bunch of online payment companies before and had been disappointed because of the extremely high rates. With NP, their rates are very reasonable. Stuck with them since! :cool:
     
    rostiqueOW, Jun 3, 2013 IP